The 2010 annual report of software city inc included the

Assignment Help Accounting Basics
Reference no: EM13598190

The 2010 annual report of Software City, Inc., included the following comparative summary of earnings per share over the last three years:

Earnings per share- 2010: $3.15... 2009: $2.40... 2008: $1.64
In 2011, Software city inc, declared and distributed a 100 percent stock dividend. Following this stock dividend, the company reported earnings per share of $1.88 for 2011.

A. Prepare a three-year schedule similar to the one above, but compare earnings per share during the years 2011, 2010, and 2009. (hint: all per-share amounts in your schedule should be based on the number of shares outstanding after the stock dividend.) Round your answers to 2 decimal places.

Earnings per share- 2011 ? .... 2010 ?.... 2009 ?

Reference no: EM13598190

Questions Cloud

Prepare a stockholders equity section at december 31 2010 : the following stockholders equity accounts arranged alphabetically are in the ledger of tyner corporation at december
Assume the partnership income-sharing agreement calls for : o. guillen beginning capital 60000 and k. williams beginning capital 90000 are partners. during 2010 the partnership
A small business owner has decided to invest 50000 per year : a small business owner has decided to invest 50000 per year in the stock market for her retirement. she is consider the
You have just been hired as a consultant to tangier : you have just been hired as a consultant to tangier industries a newly formed company. the company president john meeks
The 2010 annual report of software city inc included the : the 2010 annual report of software city inc. included the following comparative summary of earnings per share over the
Abc co and xyz co are identical firms in all respects : abc co. and xyz co. are identical firms in all respects except for their capital structure. abc is all-equity financed
Assume if you were a stockholder who held 100 shares of : kosmier company has outstanding 500000 shares of 50 par value common stock that originally sold for 60 per share.
Sands company had accounts receivable 55600 and allowance : on january 1 2010 sands company had accounts receivable 55600 and allowance for doubtful accounts 5390. sands company
On may 1 2010 newby corp issued 634100 5 5-year bonds at : on may 1 2010 newby corp. issued 634100 5 5-year bonds at face value. the bonds were dated may 1 2010 and pay interest

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the amount of cost recovery

Determine the amount of cost recovery that can be taken in 2013

  How are the us gaap and ifrs different in accounting for

how are the u.s. gaap and ifrs different in accounting for research and development costs? which do you think is better

  Eliminated in the consolidation process

The amount of unrealized intercompany profit in ending inventory at December 31, 2006 that should be eliminated in the consolidation process is:

  What is the journal entry for this

what is the journal entry for this?The t/p bill for this month was 200,the company will pay it next month what is the journal entry for this?

  Ending balance of accounts receivable

In its first month in business, Jones, Inc. sold merchandise to customers on account for $119,800. It collected $72,000 on those sales during the first month and recorded Revenue for the period of $119,800.

  A corporation provided its employees with health insurance

a corporation provided its employees with health insurance coverage. the premiums for each employee are 10000 a year

  Imagine you are a brand manager for your favorite food

distribution channels please respond to the following imagine you are a brand manager for your favorite food product.

  Prepare the income statement the statement of changes in

after nate maggie nicol and lindsay finished medical school they decided to open a new medical prac-tice named new

  Firm a had a 15 marginal tax rate and firm z has a 28

firm a had a 15 marginal tax rate and firm z has a 28 marginal tax rate. firm a owns a controlling interest in firm z.

  What is the total conversion cost

In the manufacture of 10,000 units of a product, direct materials cost incurred was $145,800, direct labor cost incurred was $82,000, and applied factory overhead was $45,500. What is the total conversion cost?

  Coose any item that affects the basis of an asset chapter

choose any item that affects the basis of an asset and indicate how it affects the gair or loss recognized on that

  Machinery acquired at a cost of 80000 and on which there is

machinery acquired at a cost of 80000 and on which there is accumulated depreciation of 50000 including depreciation

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd